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Sports Illustrated
Sports Illustrated
Sport
Liam McKeone

Knicks Owe Tom Thibodeau a Ton of Money After Firing Thanks to 2024 Extension

Thibodeau was fired on Tuesday after leading the Knicks to an ECF appearance | Kirby Lee-Imagn Images

The New York Knicks fired Tom Thibodeau on Tuesday. It is a decision that will have long-reaching consequences—and it turns out, it'll be very expensive too.

In the aftermath of the stunning decision to move on from Thibodeau, Knicks insider Ian Begley reported the franchise owes its former head coach a ton of money despite firing him. According to Begley, the Knicks owe Thibodeau at least $30 million as a result of the extension he signed last summer.

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